We are representing an established middle market financial services organization in their search for a Head of Control Room in New York City.
Why Join Us:
• Privately held financial / professional services group of companies with exceptional track record in profitability, stability and growth
• Opportunity to participate in developing and leading compliance strategy across several group businesses, including Investment Bank, Registered Investment Advisor and Venture Capital firm
Responsibilities:
• Reporting to the senior management team, you will be responsible for preserving the integrity of the group of companies’ information barriers by monitoring and controlling the flow of confidential information within and between affiliated entities and business units
• The Head of Control Room is tasked, in particular, with staying close to banking transactions to ensure that all legal and policy restrictions are activated in a timely manner, as well as advising affiliates, business units, and departments as to the applicability of those restrictions
• You will be responsible for maintaining and improving adequate policies, procedures and controls prevent and detect the misuse of MNPI and other conflicts across the organization
• Provide policy guidance with respect to Information Barriers and Investment Banking Conflicts of Interest
• Conduct training on the group’s policies and procedures relating to Information Barriers, monitor securities law and related rules and regulation in this area
• Maintain and update the group’s Watch and Restricted Lists
• Coordinate and record Wall Crossings
• Conduct day-to-day review and clearance of the firm’s research publications in compliance with research compliance rules (e.g., Rules 138/139) and to identify potential conflicts of interest; liaise where necessary with the business, Supervisory Analysts, Compliance and Legal teams
• Conduct review of Investment Banking transactions for potential conflicts of interest and maintain the Conflicts monitoring system; liaise where necessary with the business, Compliance and Legal teams
• Support Investment Banking Compliance Coverage in executing the Investment Banking Compliance program, including compliance risk assessments and reporting
• Chaperone interactions between the Investment Banking business and other business lines such as Research and the Registered Investment Advisor
• Assist in the development of the Control Room Compliance program including, policy and technology developments
• Assist in the conduct of internal and regulatory inquiries and investigations as necessary
Requirements:
• Demonstrable experience in a control room function at a middle market Investment Bank, including exposure to establishing and/or developing a Control Room function and taking responsibility for continuous training and education around the program for existing and new employees
• Essential Education: Bachelor’s degree
• If you do not currently reside within a commutable distance of New York City, you would be required to relocate there
Application Process for Head of Control Room:
Qualified professionals are to submit Resume to Steve Harrison at: steve@conselium.com
